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S&P trims euro zone growth outlook

Ratings agency Standard and Poor's lowered its economic growth forecasts for the euro zone on Tuesday, but said the shared currency bloc was not headed toward a new recession.
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Mobile ad firm Blyk names insider Eric Kip as CEO

Blyk, a pioneer in the mobile-telephone advertising business, said on Tuesday it has appointed its chief commercial officer, Eric Kip, to take over as chief executive, replacing co-founder Pekka Ala-Pietila.
Cuban Robles stripped of gold as more drama grips Daegu

Cuban Robles stripped of gold as more drama grips Daegu

Cuban hurdler Dayron Robles was stripped of gold and glory at the world athletics championships on Monday in a twist every bit as dramatic as Usain Bolt's disqualification from the blue riband 100 meters sprint the night before.
Usain Bolt of Jamaica reacts after being disqualified for a false start in the men's 100 metres final at the IAAF 2011 World Championship in Daegu

World's Fastest Man takes His Time

For the world's fastest man, Usain Bolt sure took his time in responding to the controversial disqualification which stripped athletics of its biggest name from its blue riband event.
Diamond Planet

Planet Made of Diamonds Likely to Have Oxygen, Carbon

In what can be called a gem of a discovery, astronomers have found a rare planet made of diamonds, which would likely have oxygen apart from carbon. The carbon-based planet lies 4,000 light years away in the constellation of Serpens in our Milky Way galaxy.
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France eyes financial transaction tax deal at G20

France wants concrete results for a controversial international tax on financial transactions at November's G20 summit of leading economies, Finance Minister Francois Baroin said in remarks published on Sunday.

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